As shown in the previous chart , the price broke up the 4th wave pattern into wave five , a break of the red line shown on the chart is a strong signal that this corrective wave 2 ended and a start of wave 3 in progress , and i ll be looking to short at that break .
second scenario is for the trend to move up to the resistance zone starting from 78.60 to 78.20 where i ll be looking to establish a short position there to capture the 3rd wave right from its start .
i myself traded this small move up but i didn't make it as an official trade , but as said before , sometimes i post a very accurate charts and its your choice to wait for me to get in or to go in yourself and manage your trade .
Do you have myfxbook? Very precise and accurate for showing results. You don't have to show your exact account balance of course.
ReplyDeleteregards Jake
i ll check it out man , plz take 2 minutes of ur time to sign in to Google mail and follow this blog , ll be highly appreciated and a proper pay back for the good analysis i m sharing with u all
ReplyDeletewell , i have just checked this website , but to be honest with u i dont like to have a read on all my trades ,, i feel it violating my privacy and i dont see a point in it ,, i m sharing the safest and best trades here and sometimes i share charts but dont make official blog trades on it and its ur choice to do so or not , but in my personal account i trade this charts but when i make an official trade here its the least risk and safest trades i see and that will be helpful for ppl following my trades , but there is no point in revealing every little transaction and trade in my account
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